TOURISM: MORE IMPORTANT THAN YOU THINK - TUI politikLOUNGE

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Tourism is supporting the development of education systems, jobs, prosperity and infrastructures in emerging and develop
TOURISM: MORE IMPORTANT THAN YOU THINK For Europe and the World

TOURISM: THREE FACTS ABOUT ITS RELEVANCE FOR EU

1.

Tourism creates a great number of jobs in Europe

The tourism industry plays an extremely important role in Europe. It contributes almost 550 billion euros to the EU’s gross domestic product and provides 11.4 million people with employment. If you also count the indirect and induced jobs, tourism actually provides 26.6 million jobs. According to forecasts that figure will continue to rise, and tourism could create 4.2 million new jobs by 2027 if the political framework is right. It is a solid and crisis-resistant sector with major corporations such as TUI as well as many SMEs and family-run businesses.

Employment through tourism

Major job p

Jobs in the EU

Share of total EU em

indirect and induced

15.2 m

26.6 m

11.6 %

direct

11.4 m 2016

Source: WTTC

Tourism employment in southern EU member states

2.

Share of total employment, direct, indirect and induced effects, 2016

Tourism provides stability in southern Europe

Greece

Southern Europe was particularly hard hit by the economic crisis. During the recession Cyprus that followed, the tourism sector didn’t just safeguard jobs, it also created many new ones. It is currently driving growth more than any Portugal other sector – which is reflected in new investments worth billions. Stability in southern Europe boosts the EU’s overall strength in Spain challenging times.

22. 19.6 % 14.5 % Source: WTTC

3.

11.6 %

Tourist spending is many times higher than development aid

Tourism is supporting the development of education systems, jobs, prosperity and infrastructures in emerging and developing markets around the globe. These days, tourists bring around 400 billion US dollars into low- and middle-income countries and that figure will continue to rise. In comparison, the development aid budgets of all donor countries together is just 145 billion US dollars. Although that budget has doubled since 2000, the amount of funds provided by tourists has increased almost 3.5-fold in the same period. This makes tourism an extremely effective instrument for combatting the reasons for global migration.

2005

209 bn

Tourist spending

in low- and middle-income countries

in USD 2000

116 bn 116 bn 2005

72 bn 2000

Development aid in USD

EU average

UROPE AND THE WORLD TUI, the world’s leading tourism group, supports the positive social effects of tourism on its home continent of Europe and with a global growth programme. TUI is committed to sustainable tourism and it aims to organise 10 million holidays a year to sustainably-certified hotels by 2020. Furthermore, TUI aims to raise €10 million per year by 2020 to maximise the positive impacts of tourism, particularly investing in projects in destinations through the TUI Care Foundation.

potential

mployment accounted for by tourism in percent

FOR MORE INFORMATION

13.2 %

TUI policyLOUNGE www.tui-policylounge.com Sustainability at TUI www.tui-sustainability.com

+ 4.2 m

TUI Care Foundation www.tuicarefoundation.com

new jobs

Futouris www.futouris.org/en World Tourism Organization (UNWTO) www.unwto.org

Forecast 2027

World Travel & Tourism Council (WTTC) www.wttc.org Source: WTTC

Tourism investments Share of total investments, 2016

23.4 %

15.7 %

.0 %

11.9 %

Tourist spending

in low- and middle-income countries

USD

397 bn

9.8 % 6.9 % Source: WTTC

4.9 %

2016

EU average

2010

321bn

2016

Worldwide state

121 bn 2010

development aid USD

145 bn

Sources: UNWTO, OECD

TUI GROUP – AN OVERVIEW Global Group – Company headquarters in Germany

Turnover: 17. 2 billion euros*

20 million customer travel worldwide to 180 destination regions

Adjusted EBITA 1 billion euros*

Over 300 company-owned hotels with 214 000 beds

An FTSE-100 company

5 tour operator airlines with around 150 aircraft

Market capitalisation 9.25 billion euros**

16 cruise ships

67,000 employees in 130 countries

1,600 travel agencies and leading online portals

* Numbers based on the 2015/16 business year ** Status 5 December 2017

YOUR CONTACTS Thomas Ellerbeck Member of the Group Executive Committee of the TUI GROUP and Chairman of the TUI Care Foundation’s Board of Trustees

E-mail: [email protected] Phone: +49 (0)511 566-6000 | +49 (0)30 6090 2060-60

Frank Püttmann

Dr Ralf Pastleitner

Head of Public Policy Berlin

Director International Public Policy and EU Affairs Brussels

E-mail: [email protected] Phone: +49 (0)30 6090 2060-30

E-mail: [email protected] Phone: +32 2 302 9872

www.tui-policylounge.com